---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-048672"
form_type: "8-K"
ticker: "SAIA"
cik: "0001177702"
company_name: "SAIA INC"
filed_at: "2024-04-26T23:59:59+00:00"
generated_at: "2026-06-03T06:17:03.087815+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Saia Q1 EPS $3.38 beats $2.85; revenue $754.8M +14.3%; capex ~$1B

## Summary
- Diluted EPS $3.38 vs $2.85; revenue $754.8M +14.3%; operating income $117.9M +18.9%, operating ratio 84.4%.
- LTL shipments per workday +15.7%, tonnage +6.2%; revenue per cwt ex fuel +10.5%.
- Net capex $456.8M in Q1 (vs $128.1M); full-year guidance ~$1B; includes $235.7M for Yellow Corp properties.
- Opened 4 new terminals; plans 15-20 new terminals in 2024; added >2,000 trailers, 400 tractors, 400 forklifts.
- Cash $12.3M, total debt $84.1M at March 31, 2024 vs $166.4M cash and $26.5M debt a year ago.

## SEC filing metadata
- accession: 0000950170-24-048672
- form_type: 8-K
- ticker: SAIA
- cik: 0001177702
- company_name: SAIA INC
- filed_at: 2024-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1177702/000095017024048672/0000950170-24-048672-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1177702/000095017024048672/saia-20240426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-048672
- JSON: https://secwatch.observer/filing/0000950170-24-048672.json
- Plain text: https://secwatch.observer/filing/0000950170-24-048672.txt

## Key facts
- Earnings Releases
  SAIA INC reported first quarter 2024 results: revenue $754.8 million, EPS $3.38.
  - Period: first quarter 2024
  - Revenue: $754.8 million
  - EPS: $3.38
  - Result: reported results
  source text: $2.85 in the first quarter of 2023. Highlights from the first quarter operating results were as follows: First Quarter 2024 Compared to First Quarter 2023 Results • Revenue was $754.8 million, a 14.3% increase • Operating income was $117.9 million, an 18.9% increase • Operating ratio of 84.4% compared to 85.0% • LTL shipments per workday increased 15.7% • LTL tonnage
  evidence_url: https://www.sec.gov/Archives/edgar/data/1177702/000095017024048672/0000950170-24-048672-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.